What can we do for you?

MTI Vekst is an investment company with a focus on companies that have customers and a proven business model , but need capital and assistance for faster growth.

We are not a managed fund. All our experienced investors have an active role in the selection and follow-up of each company. Our combined expertise and experience includes many different industries and segments.

See our investment criteria below. These are, of course, not without exception, but give an indication of how we think and what we focus on. Feel free to contact us if you are a potential co-investor with the same mindset/criteria as us.

We have offices in the centre of Oslo, and in the Research Park of the University of Southeast Norway (USN) in Vestfold. Naturally, we often meet businesses headquartered in central Eastern Norway, but anyone who meets our criteria is encouraged to get in touch.

We also have no fixed investment horizon. But we must have a common ambition and goal of exit. We are no bank ...

We work closely with other investment companies, business, academia and other actors who can assist with commercialization and capitalization of businesses.

Our partners can also offer consulting as a payable service, including management for hire. We can therefore help many entrepreneurs and businesses in our portfolio from the idea phase through start-up and growth to exit.

Investment criteria

Team
  • We are looking for dedicated people with considerable experience and ambition to bring the company to the next phase.
  • Clear management, but amenable to input and guidance.
  • Commercial, not too product-oriented.
Phase
  • We are primarily looking for companies that already have a product or service on the market.
  • Which has customers and cash flow, and a proven business model.
  • But need some capital for further growth. Typically in the range of 5 - 10 MNOK in this round, where we can be one of several investors.
Market and industry
  • We don't have any particular segment or industry requirements. But we are excited about technology with the potential for disruption.
  • The company must have a business idea with significant growth potential.
  • Preferably towards international markets, but not a prerequisite. We are also very excited about companies that can gain a significant market share in Norway and are potential acquisition candidates in the long term.
  • B2B and B2B2B. B2C and B2G only in very specific cases where we see that the company already has a significant position.
Product or service
  • The company will demonstrate technological solutions with identified advantages in its markets
  • We need to understand the product and be able to communicate what it is
  • We look for products and services with a clear value proposition to customers and the environment
Technology
  • All software regardless of industry is interesting. Of course SAAS, but also combined with consultancy.
  • We are also looking at electronics development and production; e.g. sensors, circuit boards, network components etc. 
  • Certainly solutions within the IoT (Internet of things) and IIot (Industrial Internet of things), artificial intelligence and smart systems.
  • All micro and nanotechnology that can utilize resources at USN; water purification, energy, materials technology, etc.
  • But in general, we are opportunistic as long as it meets our criteria.
Model
  • The business model must be clear and scalable
  • Preferably subscription (recurring) models
  • We also look for the company's ability to build barriers to both existing and future competition. Preferably a patent, but not a prerequisite. IP can be built in several ways
Structure
  • Milestone investment is desirable. Normally 2 - 3 MNOK in initial investment, but we can also look at higher initial investment
  • Clear path for further growth and capitalization
  • Our ability to participate in the development of the company is more important than company pricing 
  • Co-investor is most often desired
  • Possible board participation and role is assessed on a case-by-case basis, but normally not a prerequisite

INVESTORS

MTI Vekst is an investment community.  All investors participate in selection and assessments of investment opportunities. Decisions are adopted with a two-and-a-three majority of investors.

Edvin Austbø

Alden AS

Investor with portfolio in technology, real estate, retail, and much more. Invests in listed and unlisted businesses.

Sigge Ollendorff

Lucienne AS

Investor with considerable experience and investments in real estate and technology companies, nationally and internationally.

Bjørnar Olsen

BO-BO Invest AS

Authorized financial analyst with 30+ years of experience. Managed investments on behalf of a group of investors and themselves since 1999.

John Helge Fjellheim

Rabakken Invest AS

Investor with very long experience from the electronics industry in Norway. Background from Airthings, Disruptive Technologies, Energy Micro, Chipcon etc.

Richard Urbanski

TTC Invest AS

Investment company with interests in import, real estate, transportation, and technology. Invests in listed and unlisted businesses.

Christian Storm

Bleke Invest AS

Investor with extensive management experience from Norwegian business in economics, finance and telecom, nationally and internationally (especially Asia).

Truls Tvete

Private investor

CEO Polaris Industries. Broad experience and special expertise in chain management and merchandise flow from Norwegian and international retail sectors.

Johan Lindqvist

Windchange AS

Active leader and investor in various e-health businesses. Extensive experience from Scandinavian and international IT businesses.

Roy Gausaker

RG Holding AS

CEO Envo AS. Has taken several IT businesses in retail and communication from the entrepreneurial phase to commercialisation.

Andreas Hojem Olsen

AHO Invest AS

CEO and co-owner of Format Eiendom, advisory engineering company that develops residential and commercial buildings.

Roar Aasvang

Finova AS

Long experience from financing, start-up, operations, further development, management and sales of technology companies. Chairman of the Board of MTI.

Jan Wessel Bratterud

Ontogeny Group

Background from the sale and marketing of IT products and services, as well as 15 years of experience from the purchase, sale and upcapitalization of enterprises.

Partners

We offer assistance to business development and financial services through our partners:

Incubator

Consulting, office space and other assistance to start-ups. USN Bakkenteigen.

Value development

Strategic advice, business development, capital structure, interim management.

Corporate Finance

Change of ownership, MBO, mergers, acquisitions, valuation and financing.

Investment platform

Pitch40 will become our preferred platform for investing in companies when this investment platform is launched in January 2024.

We ask that anyone seeking capital contact this company.

Portfolio

Selection

Tomorrow's data room for seamless transactions. Try out ENVE as your new data room and experience how efficient a due diligence process can be!

The Mia Health app and Mia Insight portal maximize the health benefits for your company. Gathers all employees, ongoing measures and initiatives on one platform.

WindSim Logo

WindSim is pioneering the use of CFD technology to optimize wind turbine placement - allowing customers to design more profitable wind farms.

The best and most flexible system for opening doors and controlling access to communal garages and common areas.

World patent for cutting-edge supercapacitors - energy storage devices that offer high power density with very fast charging and discharging.

World patent for cutting-edge supercapacitors - energy storage devices that offer high power density with very fast charging and discharging.

Bridgehill is a manufacturer of the world's best fire blankets and is on its way to becoming a world leader in fire safety. 

Advanced, patented medtech sensor for early warning of ischemia. Investment through MTI.

WAI supplies pyrolysis plants that transform different types of organic material from waste into new environmentally friendly products.

An Edtech company that develops GPS and AR-based games for education. Think the combination of Pokemon and Kahoot!

Patent application instrument for the oil and gas industry.

Wireless braking technology for bicycles, wheelchairs and much more

Further development of bubble curtain technology used to keep ports ice-free to limit storms from developing into tropical hurricanes.

Click QR code or link. Everything you need to share all your contact information and social media.

Develops game concepts based on AI and video analysis

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